-
There’s a $56 trillion market that could be the biggest in the history of commerce
In a round-up of some of its strongest long-term investing themes, Bank of America Merrill Lynch highlighted one such opportunity for businesses and economic growth: the explosion of the global middle class.
- Categories
- Uncategorized
-
Western Union introduces US-Cuba money transfers
The Western Union Company pioneered mobile and online money transfers to Cuba via the Western Union app and wu.com in the U.S., paving the way for a new generation of tech-savvy customers to move money into Cuba in minutes.
- Categories
- Uncategorized
- Region
- Latin America
-
Report: Cashless ecosystem spells big bucks for fintech startups in India, to reach $2.4 billion by 2020
A joint report by KPMG and NASSCOM titled 'Fintech in India argues that a robust fintech collaborative ecosystem - with startups engaging in external partnerships withfinancial institutions, universities and research institutions, venture capitalists, technology experts, government agencies - will be the key platform for the forecasted growth.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- fintech
-
If you want to make money in Cuba, join a band
“In Cuba, we have an inverted socioeconomic pyramid,” says Guevara. Waiters make more than software engineers, a hotel bartender is more likely to go on a holiday abroad than a bank manager, and having a university degree typically doesn’t mean higher pay.
- Categories
- Uncategorized
- Region
- Latin America
-
Social Enterprise Accelerator Solvey Gets Over 3 Million Views On YouTube
In May, I met YouTubers Dave Erasmus and Louis Cole in Delhi. They were on their third stop on a fast-paced world tour called Solvey, to find entrepreneurial individuals, interested in giving back and solving problems in their home countries
- Categories
- Uncategorized
-
Viewpoint: CFPB Payday Rule Addresses the Problems, Not the Solution
If the final rule doesn't create a clear lane for good lenders to step in with a variety of new loan product designs, the CFPB risks leaving important consumer needs unfulfilled.
- Categories
- Uncategorized
- Region
- North America
- Tags
- lending, regulations
-
International Finance Corp bets big on India’s microfinance sector
The World Bank affiliate IFC is set to invest Rs 300 crore in TPG Capital and Citigroup backed-Janalakshmi Financial Services and another Rs 135 crore in CreditAccess Asia promoted Grameen Koota Financial Services.
- Categories
- Uncategorized
- Region
- South Asia
-
Viewpoint: Why M-Pesa ‘will never work in South Africa’
In the wake of Vodacom's decision to close down its M-Pesa mobile money service in South Africa at the end of this month, a pioneer of mobile financial services for the mass market has said mobile operators will never be successful in the financial services industry.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.